Nationwide Mid Cap Market Index Fund (GMXAX) belongs to the Mid Cap Blend Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GMXAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GMXAX
GMXAX charges 0.68% annually. There are 36 mutual funds in the Mid Cap Blend Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Mid Cap Index Fund | 0.03% | — | Sep 2011 | GMXAX vs FSMDX | |
| Vanguard Mid-Cap Index Fund Institutional Plus Sha... | 0.03% | 218.80B | Dec 2010 | GMXAX vs VMCPX | |
| Fidelity Extended Market Index Fund | 0.04% | — | — | GMXAX vs FSMAX | |
| Schwab U.S. Mid-Cap Index Fund | 0.04% | 2.75B | Dec 2017 | GMXAX vs SWMCX | |
| Vanguard Mid-Cap Index Fund Institutional Shares | 0.04% | 218.80B | May 1998 | GMXAX vs VMCIX |
Best Risk-Adjusted Alternatives to GMXAX
GMXAX has a PortfoliosLab risk / return rank of 49. There are 62 mutual funds in the Mid Cap Blend Equities category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Paradigm Select Fund | 92 | — | Jan 2005 | GMXAX vs PFSLX | |
| Destinations Small-Mid Cap Equity Fund | 83 | — | Mar 2017 | GMXAX vs DSMFX | |
| Fidelity SAI Small-Mid Cap 500 Index Fund | 83 | — | Aug 2015 | GMXAX vs FZFLX | |
| Vanguard Strategic Equity Fund | 83 | 11.50B | Aug 1995 | GMXAX vs VSEQX | |
| Fidelity Advisor Mid Cap II Fund Class Z | 83 | — | Aug 2013 | GMXAX vs FZAMX |
Top Performing GMXAX Alternatives (YTD)
GMXAX is at 15.54% YTD. There are 64 mutual funds in the Mid Cap Blend Equities category with higher YTD returns, going as high as 46.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Paradigm Select Fund | 46.57% | — | Jan 2005 | GMXAX vs PFSLX | |
| Fidelity SAI Small-Mid Cap 500 Index Fund | 37.72% | — | Aug 2015 | GMXAX vs FZFLX | |
| Hodges Fund | 32.69% | — | Oct 1992 | GMXAX vs HDPMX | |
| 13D Activist Fund | 27.51% | — | Dec 2011 | GMXAX vs DDDIX | |
| Fidelity Advisor Mid Cap II Fund Class Z | 26.02% | — | Aug 2013 | GMXAX vs FZAMX |
Lowest Volatility Alternatives to GMXAX
GMXAX has 15.78% 1-year volatility. There are 61 mutual funds in the Mid Cap Blend Equities category with lower 1-year volatility, going as low as 9.84%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Focused Growth and Income Fund | 9.84% | — | Dec 2002 | GMXAX vs GWSAX | |
| Timothy Plan Large/Mid Cap Value Fund | 11.83% | — | Jul 1999 | GMXAX vs TLVAX | |
| Boston Trust Midcap Fund | 11.93% | — | — | GMXAX vs BTMFX | |
| Boston Trust Walden Midcap Fund | 12.04% | — | Aug 2011 | GMXAX vs WAMFX | |
| Victory RS Investors Fund | 12.11% | — | Nov 2005 | GMXAX vs RSINX |
Lowest Drawdown Alternatives to GMXAX
GMXAX has a 1-year max drawdown of -8.83%. There are 40 mutual funds in the Mid Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -6.33%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FullerThaler Behavioral Mid-Cap Equity Fund Instit... | -6.33% | — | Oct 2023 | GMXAX vs FTHMX | |
| Gotham Enhanced Return Fund | -6.44% | — | May 2013 | GMXAX vs GENIX | |
| Gabelli Focused Growth and Income Fund | -6.54% | — | Dec 2002 | GMXAX vs GWSAX | |
| Fuller & Thaler Behavioral Small-Mid Core Equity F... | -6.80% | — | Dec 2018 | GMXAX vs FTSIX | |
| BNY Mellon Active MidCap Fund | -7.29% | — | Jan 1985 | GMXAX vs DNLDX |
Other Mutual Funds from Nationwide
The 10 most viewed Nationwide mutual funds shown here include NWXHX, GRISX, NWJCX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | Multisector Bonds | 99 | 2.37% | — | Nov 2015 | GMXAX vs NWXHX | |
| Nationwide S&P 500 Index Fund | S&P 500 | 63 | 9.61% | — | Nov 1998 | GMXAX vs GRISX | |
| Nationwide NYSE Arca Tech 100 Index Fund | Technology Equities | 83 | 28.90% | — | Jun 1996 | GMXAX vs NWJCX | |
| Nationwide Bailard Technology and Science Fund | Technology Equities | 32 | 22.86% | — | May 2001 | GMXAX vs NWHQX | |
| Nationwide GQG US Quality Equity Fund | Large Cap Blend Equities | 4 | 2.66% | — | Jan 2021 | GMXAX vs NWAUX | |
| Nationwide International Index Fund | Foreign Large Cap Equities | 38 | 10.39% | — | Dec 1999 | GMXAX vs GIIAX | |
| Nationwide Small Cap Index Fund | Small Cap Blend Equities | 70 | 21.36% | — | Dec 1999 | GMXAX vs GMRAX | |
| Nationwide Strategic Income A | Multisector Bonds | 99 | 2.22% | — | Nov 2015 | GMXAX vs NWXEX | |
| Nationwide Geneva Mid Cap Growth Fund | Mid Cap Growth Equities | 1 | -5.23% | — | Jan 1999 | GMXAX vs NWHVX | |
| Nationwide Bond Index Fund | Intermediate Core Bond | 14 | -0.18% | — | Dec 1999 | GMXAX vs GBIAX |
Often Compared With GMXAX
Investors most often compare GMXAX with NDMAX, NWLSX, NWXVX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare GMXAX with Any Fund or Stock
Compare GMXAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GMXAX with funds that move differently
Nationwide Mid Cap Market Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GMXAX.
Explore GMXAX Diversifiers